Weekly Roundup: All signs point to strengthening market in NYC and U.S., owners of luxury homes gild lillies, lighthouse in Chesapeake Bay for sale

Number of Manhattan properties under contract soars, inventory plummets during 2012

Q4 Brooklyn prices post biggest year-over-year price gain since 2006, while Queens median climbs 14 percent

Bars, restaurants and grocery stores can hurt quality of life, resales for residents of apartment buildings

Foreclosures mushroom in Queens, grow somewhat in Staten Island and the Bronx, slide in Brooklyn and Manhattan

Astronaut resists aiming for moon in putting Los Angeles condo on the market

Former baseball star lists sprawling Beverly Hills estate for $25 million

Actors who split in 2011 finally selling their UES triplex, for $9.25 million

TV judge lists Midtown pied-à-terre for $9 million — yes, for a pied-à-terre!

Estate of acerbic intellectual sells Chelsea penthouse to seven-time Emmy winner

Filmmaker offers Greenwich Village co-op for sale but plans no move to North Dakota

At 4.2 million, home sales Continue reading

Weekly Roundup: Renters reject commissions, pending sales up over year, rates set record, list IDs ugliest mansions, recovery talk ignites debate

Although able to buy multimillion-dollar residences, some very rich folks choose to rent at sky-high prices instead

Fire Department takes dim view of dangling air conditioners and undertakes strong action

Landlord’s empire of apartment buildings collects thousands of code violations

City comptroller expects large residential properties to maintain value

40 percent of renters say they won’t pay broker’s fee purely on principle

Some Brooklyn renters moving back to Manhattan, where they find cheaper digs

With luxury home sales hitting record, surging Hamptons activity nearly matches 2007

City Council overwhelmingly approves NYU expansion plan

Sales, prices of new condos in Brooklyn boom in Q2 vs. prior year

Westchester communities experience parent drain after commencements

Broadway couple trades hit musical for the Hit Factory

She kisses good-bye to Tribeca condo at a small loss

Filmmaker decides it’s time to sell California estate at an asking price of $9.5 million

Index of contracts signed in June Continue reading

Weekly Roundup: Manhattan market improves, pending U.S. sales surge, rates still low, more

Take your pick of predictions of the Big Apple’s housing market

NYU says property values approach peak in Manhattan, only borough where prices higher than the last year

Couch potatoes would do well to avoid some buildings

Foreclosures in October decline for fifth consecutive month

Number of Manhattan condo sales barely budges over one month or a year

Tribeca and SoHo most expensive neighborhoods in Q3

Developers target sales commissions for themselves

New program helps buyers of foreclosed homes

Seven signs that it’s time to jettison your broker

Strong rental market generally stable in November

Dominated by residential construction, number of stalled sites shrinks

November sales in Manhattan rise above October but not two prior years, supply dips

Perhaps the stars will shine through clear skies on this $5.5 million listing

Price cut on actor’s home ranks among the big shockers

One of the Vikings conquers Continue reading

Housing market beats stocks but not bonds, gold

The blue line shows how house values have compared with stocks over time.  (Source: Radar Logic)

A missive from the Radar Logic data firm the other day gave me some information that surprised me and may surprise you as well.

The firm, which tracks home prices in 25 major metropolitan areas, says its RPX Composite Price index grew by 56 percent from January 2000 to July 2011.  “This compares quite favorably to the major stock market indices,” Radar Logic declared.

Over the same period, it reports, the Dow Jones Industrial Average Continue reading

Weekly Roundup: New tool rates rental buildings, economists agree that U.S. outlook is dimming

Manhattan condo projects shrink dramatically in size

And this year’s crop of available units is sparse

Analysts, brokers conclude in New York magazine that the market could be worse

New Web site ranks buildings for would-be tenants

Doorman of the year mothers residents of Park West Village

Actress ‘on fire’ moves into rental to attend college

This stone is rolling fast and gathering green

Onetime TV doc unloads Hawaii home after major surgery on his original $19 million asking price (3rd item)

Construction of single-family homes still tepid, but number of permits issued edges up

Oh, there’s one housing market for Continue reading

The Big Apple: Citywide stats improve. . . a bit

VOWs prove useful to buyers searching for new homes

Brokerage firms are getting into the digital game themselves, creating a “virtual office Web site” or VOW.

These are sites operated by brokers that enable clients to search for most of the available properties in a particular market, not just the firm’s exclusive listings, according to the New York Times.

While brokers have mixed feelings about whether these sites are worth the investment, the emergence of the VOW is yet another sign that once tightly guarded listing information has finally been set free in New York.

Dollar value of citywide sales climbs from Q1 to Q2 as seasons change, but sales activity slips 4 percent below one year earlier

The total dollar value of New York City’s residential sales transactions jumped 13 percent in the second quarter of 2011 to Continue reading

Weekly Roundup: Prices up, recovery iffy. More!

Here’s your chance to catch up with news included to inform, enlighten and perhaps even entertain you. To read about The Big Apple, check out the other of today’s posts and look for Out and About on Tuesday.  And have a very happy Independence Day!

Estate sale of Patricia Neal’s Yorkville co-op sells for $70,000 below asking price

Retired slugger’s Tribeca triplex finds buyer after three years

Model, actress, director’s ex cuts Manhattan link with sale of penthouse for $3.05 million

Terrace presumably enchants actress who buys $1.75 million penthouse in Greenwich Village

TV talk personality relists Greenwich home less $2.1 million, while TV wrestling star also tries again with huge discount

Right-winger turns left, leaving Manhattan to rent in Texas

Couple fulfills their California dreams with purchase of $6.5 million Los Angeles home

With sale of her Beverly Hills estate, actress just goes without it

Late crusty screen legend’s estate in Old Seabrook is listed again, this time for $28 million

Single-family home prices inch up in April but stay 31.8 percent below peak with an analyst’s take on what it all means

Pending home sales rise in May from prior month and prior year

Inventory of homes for sale Continue reading